Basic Information

  • MLS # A11773813
  • Type Quadruplex
  • Status Closed
  • Subdivision/Complex MIMO
  • Year Built 1937
  • Total Sqft 2,809
  • Date Listed 03/31/2025
  • Days on Market 130
Description

IMMACULATE, TASTEFUL & COMPLETELY REMODELED fourplex in the heart of the MIMO district. ALj units have washer/dryers and central A/C. 4 separate meters and zoned/use as a multifamily. Great annual income and even more if done with short term rentals. Brand new roofs in 2021 and 2022 on each building. Front building have impact windows. Beautiful central courtyard for tenants enjoyment. Each unit comes with one parking space. 2 bedrooms Apts are rented way under market value that is aprox between $2,800 t $3,200 per unit Text me for financial Worksheet. UNITS BREAKDOWN: See attachment for CAP rate report. Two apartments 2/2 One apartment 2/1 One apartment 1/1

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 2,809Sq.Ft
  • Cooling Description Central Air
  • Floor Description Laminate, Tile
  • Heating Description Central
  • Sqft 2,809Sq.Ft

Property Features

  • Address 515 NE 63rd St
  • Aprox. Lot Size 2,809
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info MIMO
  • Tax Amount $18,500
  • Tax Legal desc NORTH GATE RESUB BLK 9 PB 9-157 LOTS 24 & E10FT OF LOT 25 BLK 9 LOT SIZE 7800 SQ FT FAU 01 3218 094 0001 FKA BISCAYNE PALMS CONDO
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex

515 NE 63rd St

Miami, FL 33138

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